Coinbase Institutional 🛡️

A new era in institutional crypto trading has arrived. The future of finance is here, and it’s on Coinbase Prime.

This is what it takes to power the future of finance. With a foundation of massive scale and deep trust, Coinbase is driving the next wave of adoption.

Get early access to insights like these from our research team’s Market Commentary on a weekly basis by subscribing to Coinbase One (if you haven’t already) ↓ coinbase.com/one?utm_source… For immediate access to the reports Coinbase Research team publishes on a weekly, monthly, and quarterly basis, visit our Research and Insights page: coinbase.com/institutional/…

Markets are no longer moving on one broad risk-off trade. Key takeaways: • Despite the Iran oil shock, equities are now rising on strong earnings, margins, and revenue beats • With 28% of S&P 500 reporting 1Q26, 84% beat EPS, 81% beat revenue, and net profit margins reached 13.4% –the highest in over 15 years • Bitcoin has outperformed gold and equities, supported by ETF demand, prior deleveraging, and liquidity • $BTC/S&P 500 90-day correlation has fallen from 65% in February to ~51% • Broader crypto flows to altcoins likely need stronger liquidity, sustained ETF demand, or softer oil/rates • Weekly prediction-market volumes topped $7 B (>17x YoY), with the first institutional prediction-market trade placed this week What matters most for crypto now: earnings, liquidity, ETF demand, or oil?

Stablecoins have moved from crypto infrastructure to core market plumbing, now credit is starting to follow. @CoinbaseAM's Stablecoin Credit Strategy marks the next step: bringing institutional-grade transparency, blockchain-native settlement, and digital-first credit markets into the same ecosystem.

Read the our report: assets.ctfassets.net/k3n74unfin40/7…

Europe is showing increasing maturity and adoption of digital assets. 🇪🇺 Data from our survey of UK and EU-based institutional investors with @EY_Parthenon reveals that 73% plan to increase allocations this year. The transition from "experimentation" to "execution" is happening now.

Availability of this asset may be restricted based on custodian entity and customer jurisdiction. Learn more: prime.coinbase.com/login

MegaETH ( $MEGA ) is now available for custody and trading on Coinbase Prime.

Listen to what our research team thinks should be top-of-mind this week, as well as the most impactful market news, wherever you get your podcasts. Spotify: open.spotify.com/episode/5Y6v4K… Apple: podcasts.apple.com/us/podcast/ai-…

DeFi’s AI Moment: Is security ready? In this week’s Markets Podcast, we break down the macro and crypto stories shaping risk sentiment, from oil volatility to bitcoin’s critical test near $80 K. Key topics include: • Rising spot ETF inflows and tighter float suggest stronger $BTC demand, but not yet a confirmed regime shift. • Why the $80 K short-term holder cost basis remains a key level for market structure. • How AI may compress the timeline from vulnerability discovery to exploit. • Prediction markets’ evolution from niche crypto product to multi-billion-dollar industry. AI is changing the security threat model. Is DeFi ready?

Read the article here: coindesk.com/business/2026/…

Crypto’s full-service prime brokerage. Coinbase Institutional’s @johnjdagostino spoke to @willcanny99 outlining what institutions expect from a true prime broker: trading, custody, financing, derivatives, cross-margining—and in crypto, staking. Platforms like Coinbase Prime reflect that evolution, helping institutions streamline operations and improve capital efficiency as they scale exposure.

For immediate access to the reports Coinbase Research team publishes on a weekly, monthly, and quarterly basis, visit our Research and Insights page: coinbase.com/institutional/…

Get early access to insights like these from our research team’s Market Commentary on a weekly basis by subscribing to Coinbase One (if you haven’t already) ↓ coinbase.com/one?utm_source…

Bitcoin’s rally may be stronger than it looks, not just driven by leverage, but by real demand amidst tightening supply. Key Takeaways: • Rising ETF inflows are near their highest levels this year, signaling stronger institutional demand • Accumulation by long-term holders is concentrating supply into “strong hands” • Short liquidations helped spark the move, but similar squeezes have historically triggered broader bull trends • Sustained rallies tend to be more durable when supported by spot demand, not just leverage • Key level: ~$80K short-term holder cost basis - reclaiming this level could confirm a stronger trend, while rejection may signal continued weakness Institutional demand and tightening supply dynamics point to a more durable market structure forming. Can $BTC break $80 K and turn this into a sustained trend?

Get early access to reports like these on a weekly, monthly and quarter basis by subscribing to Coinbase One (if you haven’t already) ↓ coinbase.com/one?utm_source…

We teamed up with @Glassnode to bring you these insights on what investors are thinking and how they are positioned for Q2 2026 in the latest edition of Charting Crypto: Holding Pattern, coming soon. Stay tuned.

Breakout beckoning? Market sentiment was stuck in the Fear stage in Q2, but it’s on the verge of reclaiming optimism.